Sunday, September 28, 2014

Japan's SoftBank in talks to buy DreamWorks

Japan's SoftBank in talks to buy DreamWorks

DreamWorks, based in Glendale, California, has seen its share price has drop 37 per cent this year after two consecutive quarterly losses, a string of weak-performing releases such as "Mr. Peabody & Sherman" and investor concern about the production costs ...

DreamWorks Animation in talks to sell to Japan's SoftBank

Jeffrey Katzenberg, chief executive of the Glendale studio, has been in discussions to sell the company he launched twenty years ago to SoftBank, which owns Sprint Corp. and recently dropped a bid to acquire T-Mobile. The DreamWorks board held a meeting ...

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